https://www.taxtmi.com/caselaws?id=396756 Bail under the Prevention of Money Laundering Act, 2002 may be refused where the record discloses a prima facie laundering trail through layered transactions and corporate vehicles, and the statutory presumption and restrictive bail regime apply. Further investigation and a supplementary complaint were treated as permissible, and the accused's repeated non-appearance to summons, non-cooperation, and prior failed bail attempts weighed against discretionary relief. The seriousness of the allegations, together with the possibility of flight risk and tampering with evidence, supported rejection of bail. en-us Mon, 13 Jul 2020 00:00:00 +0530 Fri, 07 May 2021 14:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396756 Bail under the Prevention of Money Laundering Act, 2002 may be refused where the record discloses a prima facie laundering trail through layered transactions and corporate vehicles, and the statutory presumption and restrictive bail regime apply. Further investigation and a supplementary complaint were treated as permissible, and the accused's repeated non-appearance to summons, non-cooperation, and prior failed bail attempts weighed against discretionary relief. The seriousness of the allegations, together with the possibility of flight risk and tampering with evidence, supported rejection of bail. Case-Laws Money Laundering Mon, 13 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396756